EgyptAir
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| Founded | 1932 (as Misr Airwork) | |||
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| Hubs | Cairo International Airport | |||
| Focus cities | Alexandria International Airport Hurghada International Airport Luxor International Airport Sharm el-Sheikh International Airport |
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| Frequent flyer program | EgyptAir Plus | |||
| Alliance | Star Alliance | |||
| Fleet size | 64 (+ 24 orders and 3 options) | |||
| Destinations | 76 | |||
| Company slogan | Enjoy The Sky | |||
| Parent company | EgyptAir Holding Company | |||
| Headquarters | Cairo, Egypt | |||
| Key people | Mr. Hussein Massoud (Chairman & CEO of EgyptAir Holding Company) Captain Alaa Ashour (Chairman & CEO) Capt. Safy (Chairman & CEO of EgyptAir Express) |
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| Website | www.egyptair.com | |||
EgyptAir (Arabic: مصر للطيران, Miṣr liṬ-Ṭayārān) is the flag carrier airline of the Arab Republic of Egypt and a member of Star Alliance. The airline is based at Cairo International Airport, its main hub, operating scheduled passenger and freight services to more than 70 destinations in the Middle East, Europe, Africa, Asia, and the Americas. An extensive network of domestic services is focused on Cairo, Egypt's capital.
EgyptAir is Africa's largest airline, and joined the Star Alliance on 11 July 2008. Its has its headquarters in the EgyptAir Administerial Complex in Cairo.[1]
The airline's logo is Horus, the sky deity in ancient Egyptian mythology, usually depicted as a falcon or a man with the head of a falcon. The airline has taken Horus as its logo because of it ancient symbolism as a "winged god of the sun".
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[edit] Operations
EgyptAir is a state-owned company with special legislation permitting the management to operate as if the company were privately owned without any interference from the government. The company is self-financing without any financial backing by the Egyptian government.
EgyptAir wholly owns EgyptAir Express and Air Sinai. The airline has stakes in Air Cairo (60%) and Smart Aviation Company (20%). As of June 2007, the EgyptAir Holding Company had 20,734 employees of which 7,600 worked in EgyptAir Airlines (the airline subsidiary of the group).[2]
In 2004, EgyptAir became the first IOSA certified airline in Africa. In 2006, Skytrax, the UK-based airline consultancy service, rated EgyptAir as a "3 Star Quality Certified Airline".
In 2007, EgyptAir's passenger traffic increased by 21% to 7.8 million passengers.[3]
The airline launched a regional subsidiary called EgyptAir Express with a fleet of new Embraer E-170 jets. The carrier links Cairo with Sharm El-Sheikh, Hurghada, Luxor, Aswan, Marsa Alam, Abu Simbel and Alexandria (Egypt) in addition to secondary regional destinations to complement the parent company's pattern of service. In June 2009 the subsidiary received the last of the 12 Embraer E-170 aircraft on order.
The EgyptAir Holding Company has recorded substantial profits in past years, reaching US$170 million during the 2007/2008 financial year. This is fortified by huge assets of more than US$3.8 billion. The airline's financial year is from July to June. [4] For the fiscal year ending 31 July 2007, EgyptAir achieved a record total revenue of US$1,143 billion. Total group revenue grew by 14%, as compared with the previous year.
In early 2007, the airline partnered with the Egyptian Ministry of Civil Aviation and 'Egyptian Holding Company for Airports & Air Navigation' to form a new corporate airline, Smart Aviation Company, based at Cairo Airport.
On October 16, 2007 the Chief Executive Board of Star Alliance voted to accept EgyptAir as a future member. The airline had already forged commercial and cooperative agreements with several members of the Star Alliance by then, including Lufthansa, Singapore Airlines, Austrian Airlines, Thai Airways International, Swiss International Airlines, South African Airways, Turkish Airlines and bmi. Nine months after being invited as a future member (a record time by any airline joining an alliance), EgyptAir became the 21st member of Star Alliance in a ceremony held in Cairo on 11 July 2008.
In 2008, EgyptAir's passenger traffic increased by 6% to 8.2 million passengers.[3]
In 2009, EgyptAir's operations at its Cairo hub were notably overhauled due to the inauguration of the new Terminal 3 in April 2009. The airline transferred all its operations (international and domestic) to the new terminal that has more than doubled the airport's capacity. Under the Star Alliance “Move Under One Roof” concept at Cairo Airport, all Star Alliance member carriers serving Cairo, have moved to the new Terminal 3.
During the 2009 Paris Airshow, the airline announced a new venture with US lessor Aviation Capital Group (ACG) and other Egyptian private and public shareholders to establish a leasing joint venture focusing on the Middle East and Northern Africa region. The new joint venture - named Civil Aviation Finance and Operating Leases (CIAF-Leasing) will initially focus on narrowbody aircraft.
The carrier is a founding member of Arabesk Airline Alliance and the Arab Air Carriers Organization.
[edit] EgyptAir Holding Company
The EgyptAir Holding Company was created in 2002 with seven companies (two were added at later dates):
- EgyptAir Airlines
- EgyptAir Maintenance & Engineering (EASA Part 145 Certified)
- EgyptAir Ground Services
- EgyptAir Cargo
- EgyptAir In-flight Services
- EgyptAir Tourism & Duty Free Shops
- EgyptAir Medical Services
- EgyptAir Supplementary Industries Company (formed in 2006)
- EgyptAir Express (launched in June 2007)
[edit] Subsidiaries
The airline has stakes in
- Air Cairo (60%)
- Smart Aviation Company (20%)
- Air Sinai (100%)
- Civil Aviation Finance and Operating Leases - 'CIAF-Leasing' (Ownership % - TBD)
- LSG Sky Chefs Catering Egypt (70%)
[edit] Destinations
In 2009, EgyptAir launched services to Abuja, Almaty, Catania, Dar es Salaam, Sharq Al-Owainat and Taba.
[edit] Fleet
The EgyptAir fleet has an average age of 5.2 years and consists of the following aircraft (at January 2010): [5]
| Aircraft | In Service |
Orders (Options) |
Passengers (First/Business/Economy) |
Routes | Notes |
|---|---|---|---|---|---|
| Airbus A320-200 | 13 | 0 | 145 (-/16/129) 144 (-/10/134) 171 (-/-/171) |
Domestic, Africa, Europe, Middle East | 5 in the 145-seat configuration 7 in the 144-seat configuration 1 in the 171-seat configuration |
| Airbus A321-200 | 4 | 0 | 185 (-/10/175) | Domestic, Europe, Middle East | |
| Airbus A330-200 | 7 | (3) | 268 (-/24/244) | Europe, Africa, Asia | Aircraft to be reconfigured with new interiors from 2010 |
| Airbus A330-300 | 0 | 8 | 296 (-/36/260) | Europe, North America, Middle East | New business class featuring full lie-flat beds New economy cabins will be equipped with PTV Deliveries: From August 2010 |
| Boeing 737-500 | 4 | 0 | 104 (-/8/96) | Domestic, Africa, Europe, Middle East | SU-GBK operates Air Sinai flights 1 to exit service in 2010 |
| Boeing 737-800 | 12 | 8 | 160 (-/16/144) 144 (-/24/120) |
Domestic, Africa, Europe, Middle East | 5 in the 160-seat configuration 7 in the 144-seat configuration Deliveries: From late 2010 |
| Airbus A340-200 | 3 | 0 | 260 (12/24/224) | Japan, Middle East | Fleet to be gradually retired from 2010 |
| Boeing 777-200ER | 5 | 0 | 319 (12/21/286) | Bangkok (until 27MAR10), Guangzhou (until 28MAR10), Jeddah, London, New York | 3 aircraft to be retired in 2010 |
| Boeing 777-300ER | 0 | 6 | 340 (-/49/291) | TBD | Deliveries: March 2010 (1), 2010 (3), 2011 (1), 2012 (1) All leased from GECAS New business class featuring full lie-flat beds New economy cabins will be equipped with PTV Aircraft Registrations: SU-GDL/M/N/O/P/R |
| Total | 48 | 22 (+3) | Last updated: January 2010 |
| Aircraft | In Service |
Passengers (First/Business/Economy) |
Routes | Notes |
|---|---|---|---|---|
| Embraer E-170 | 12 | 76 (-/-/76) | Domestic, Europe, Libya | Operating for EgyptAir Express |
| Total | 12 | Last updated: January 2010 |
| Aircraft | Total | Cargo Capacity (Pounds/Lbs) |
Remarks |
|---|---|---|---|
| Airbus A300B4-203F | 2 | 96,000 | Operating for EgyptAir Cargo Aircraft to be phased out in 2010 |
| Airbus A300-600RF | 2 (+1) | 97,000 | Operating for EgyptAir Cargo Additional leased aircraft to arrive in 2010 |
| Total | 4 (+1) | Last updated: January 2010 |
As of January 2010, the EgyptAir Holding Company fleet (which includes EgyptAir Airlines, EgyptAir Express and EgyptAir Cargo) stood at 64 (+ 22 orders and 3 options).
As part of the airline's fleet renewal programme, EgyptAir has agreed an exclusive agreement with DVB´s Aviation Asset Management (subsidiary of Germany's DVB Bank) to re-market 3 of its 5 oldest Boeing 777-200ERs (SU-GBP/R/S) and all 3 Airbus A340-200s. All aircraft involved were delivered new to the airline in 1997.
Furthermore, EgyptAir wet leases additional aircraft to meet peak season passenger demand such as during the summer, during Ramadan and for special Hajj and Umrah operations (see below).
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EgyptAir has code-share agreements with the following airlines (updated: January 2010)[6]:
